Catena Media’s board approves share buybacks
The board of directors of Catena Media plc (the “company”) has resolved to exercise the company’s mandate to buy back up to 7,039,215 shares of the company’s own ordinary shares following the authorisation granted at an extraordinary general meeting of shareholders on 14 July 2021 (the "EGM"). The board sees share buybacks as a way to enhance the company’s flexibility in distributing capital to shareholders and to promote more efficient capital usage. The board has also been authorised to approve the cancellation of repurchased shares at a later date. Purchases of own shares will take